Yahoo Hanging On to Alibaba?
Looks like Yahoo might hang on to Alibaba. If they do they can still point to the company having value… “After that long and tumultuous journey, it appears that Yahoo has given up on its plans to spin off its stake in Alibaba, CNBC reports. Instead, the company is now considering the sale of its core business. Yahoo could announce its new plans as soon as Wednesday, Dec. 9, according to CNBC.” Can we start calling them Yalibaba now?